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Huobi HTX Lists Tesla Stock Token TSLAX Perpetual Contract

Huobi HTX Lists Tesla Stock Token TSLAX Perpetual Contract

BlockBeats News, November 19th, according to an official announcement, Huobi HTX has launched the TSLAX/USDT perpetual contract on November 19th, with a maximum leverage of 20x. This is the first Coin Stock contract listed on Huobi HTX. TSLAX (Tesla xStock) is a tokenized stock created by the compliant tokenization company Backed Finance, tracking Tesla’s stock price. It aims to allow crypto users to access Tesla’s stock price in a compliant manner while leveraging the advantages of blockchain technology.

Furthermore, Huobi HTX will host a TSLAX Contract Trading Party from 15:00 on November 19th to 15:00 on November 26th (UTC+8), with a total prize pool of up to $10,000. During the event, users who sign up and participate in TSLAX/USDT contract trading with a cumulative trading volume ≥$10,000 USDT can share the prize pool based on their trading volume ranking. New users trading the TSLAX/USDT contract will also receive exclusive benefits.

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